Deep Tech VCs in Portugal

    AI, quantum, robotics, hardware. Companies where the core IP comes from real R&D, not just a software layer.

    LAST UPDATED: 2026-09-06
    51
    INVESTORS
    38
    PORTFOLIO COS
    7
    STAGES COVERED

    ALL DEEP TECH INVESTORS (51)

    Armilar Venture PartnersVC
    €200K–€10M·OutSystems, Feedzai, Sword Health, Rows, Amplemarket, Coverflex
    Pre-SeedSeedSeries A
    Bondstone VenturesVC
    €500K–€1M
    SeedEarly Stage
    Caixa CapitalCVC
    €1M–€5M·Unbabel, Infraspeak, Amplemarket, Codacy, Veniam
    Series ASeries BGrowth
    Indico Capital PartnersVC
    €500K–€10M·Anchorage Digital, Remote, Sword Health, TIER, Rows, Dealroom, Preply
    Pre-SeedSeedSeries A
    Shilling Capital PartnersVC
    €100K–€1M·Sword Health, Coverflex, Rows, Casafari, Unbabel, Tucuvi
    Pre-SeedSeedSeries A
    Faber VenturesVC
    Up to €2.5M·Sword Health, Unbabel, Codacy, Smartex, iLoF, YData, ATMOS Space Cargo
    Pre-SeedSeedSeries A
    Bynd Venture CapitalVC
    €250K–€600K·Pollen, Reveni, Equall, Colvin, Casafari, Defined.ai
    Pre-SeedSeed
    Bright Pixel CapitalCVC
    €1M–€10M·Arctic Wolf, Feedzai, OutSystems, BRIJ, Codacy, Encord, Vicarius
    SeedSeries ASeries B
    LC VenturesVC
    €100K–€1M·Sizebay, Seedrs, HomeIT, CleanWatts
    Pre-SeedSeed
    HCapital PartnersPE / VC
    €500K–€3M·Automaise, Glartek, Eneida.io, Tugbot, Lival, Native Foods
    SeedSeries ASeries B
    EDP VenturesCVC
    €1M–€10M·Feedzai, Green Li-ion, Terabase Energy, GridBeyond, Spotlite, Relectrify
    SeedSeries ASeries B
    Iberis CapitalPE / VC
    €2M–€12M·Sword Health, Feedzai, Bolttech, Tekever, Jscrambler, Probely
    SeedSeries AGrowth
    Buenavista Equity Partners Portugal (ex-GED Ventures)VC
    €100K–€1.5M·WEEZIE, Full Venue, LUGGit
    Seed
    Lince CapitalVC
    €250K–€5M·Feedzai, Sword Health, Coverflex, Nutrium, iLoF, FRVR
    SeedEarly Stage
    Novabase CapitalCVC
    Feedzai, Glartek
    SeedPre-Seed
    33N VenturesVC
    €4–€12M·Arctic Wolf, Feedzai, OutSystems, Exein, Apono, Equixly, Acoru
    Series ASeries BGrowth
    APEX CapitalPE / VC
    €100K–€1.5M·Versus Game, VRTL, ScorePlay, TMRW Sports
    Pre-SeedSeedSeries A
    REDangelsAngel Network
    €10K–€100K·Sound Particles, LOQR, Musiversal, Sensefinity, Visor.ai
    Pre-SeedSeed
    Bionova CapitalVC
    Adapttech, Anybrain, CellmAbs
    Early Stage
    Critical VenturesVC
    €500K–€3M·RunSafe Security, Critical Links
    SeedSeries ASeries B
    3xP GlobalVC (Impact)
    €250K–€5M·Goparity, Bolsa Social, PeekMed, ECO-ONE
    SeedSeries AGrowth
    3 Comma CapitalVC
    ScoreStars, Bitrefill, Civey
    Pre-SeedSeed
    BlockChange CapitalVC
    SeedSeries B
    N1 Investment CompanyVC
    €100K–€350K·Bolt, SteadyPay, Wantent.io
    Pre-SeedSeed
    WISENEXTVC
    TheFork (BestTables), Reckon.ai, Mindprober, Paycritical
    SeedPre-Seed
    Ganexa CapitalAngel Network
    EGG Electronics, Mindprober, Climber, BetProtocol
    SeedPre-Seed
    AgileGTM CapitalVC
    €150K·Autowhale, Ospree
    Early Stage
    Polkastarter VenturesVC
    Aether Games, NOTAI
    Seed
    Basinghall PartnersVC
    €500K–€5M·Arthur Bus, Conntac, Empion
    Pre-SeedSeed
    CTT 1520 Innovation FundCVC
    Paynest, Ubirider, Fraudio, Sensefinity, ZeroPact
    SeedSeries AGrowth
    CoRe CapitalPE / VC
    €7M–€12M·Palsystem, Bolseira, Move Clinics, PSHC – Portugal Senior Health Care, Varandas de Sousa, Real Life Technologies
    Growth
    BIVEN Capital PartnersVC (SCR)
    SeedSeries A
    Insight Venture SCRVC (SCR)
    INEYE Therapeutics, LusoSpace, Sea4Us, Cell4Food, Heaboo
    Growth
    ISQ SCRVC (SCR)
    SeedSeries A
    Octanova SCRVC (SCR)
    Growth
    Quadrantis CapitalVC (SCR)
    €1M–€5M
    Growth
    Touro Capital PartnersVC (SCR)
    Reckon.ai, AGENTIFAI, Effizency, Maven Pet, Bhout
    GrowthLate Stage
    Laika VenturesVenture Studio
    Tally, Reach, WiseWorld, Sandclock, Dazzl
    Pre-SeedSeed
    MAZE ImpactVC (Impact)
    €100K–€1M·GoParity, UpHill Health
    Pre-SeedSeedSeries A
    Building Global Innovators (BGI)Accelerator / VC
    Sword Health, Feedzai, 335 startups accelerated
    Pre-SeedSeed
    Build Up LabsVenture Studio
    Tap My Back (acquired 2023), 'NVY Life (acquired by L'Oréal), Ask Cory, Grants Finder, Faturado
    Pre-SeedSeed
    SURFnCODEVenture Studio
    Pre-SeedSeed
    CRON STUDIOVenture Studio
    BLOQ.IT, Ecoceno, Wisify, Wada Solutions
    Pre-SeedSeed
    Dengun Startup StudioVenture Studio
    Pre-SeedSeed
    Ventures.euVC
    €250K–€2M·Spot Ship
    SeedSeries A
    Alea Capital PartnersPE / VC
    Reckon.ai, Feelit
    Series AGrowth
    Point Capital PartnersPE / VC
    €500K–€3M
    SeedSeries ASeries B
    August One CapitalVC (Impact)
    SeedSeries A
    Alpac CapitalVC
    Series AGrowth
    InnventuresCVC
    GoSupply, Vigie
    SeedSeries A
    Invicta AngelsAngel Network
    €25K–€250K
    Pre-SeedSeed

    NOTABLE DEEP TECH PORTFOLIO COMPANIES

    Azitek(Portugal Ventures)BERD(Portugal Ventures)Displax(Portugal Ventures)Eptune Engineering↗(Portugal Ventures)Europeltier Thermotechnology(Portugal Ventures)Fibersensing↗(Portugal Ventures)Follow Inspiration(Portugal Ventures)Graphenest(Portugal Ventures)Neuraspace↗(Armilar Venture Partners)Ynvisible↗(Armilar Venture Partners)Coreworks(Armilar Venture Partners)D-Orbit(Caixa Capital)Fibersail(Caixa Capital)Watgrid(Caixa Capital)FOSSA Systems(Indico Capital Partners)Smartex(Shilling Capital Partners)YPlasma(Faber Ventures)Resoniks(Faber Ventures)Vyoma(Faber Ventures)Emotai(Faber Ventures)ATMOS Space Cargo↗(Faber Ventures)FastInov↗(Bynd Venture Capital)THEKER↗(Bright Pixel Capital)Tugbot↗(HCapital Partners)Speedbird↗(Explorer Investments)TEKEVER(Iberis Capital)Inductiva Research Labs(Iberis Capital)Orbital Materials↗(MSM (Mustard Seed MAZE))KETS↗(MSM (Mustard Seed MAZE))Constellr↗(Semapa Next)

    EXPLORE OTHER SECTORS

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